§ Mr. FrancoisTo ask the Chancellor of the Exchequer what his estimate is of the effect which corporation tax changes announced in the Budget of 2002 will have on UK small businesses which are(a) incorporated and (b) unincorporated. [57969]
§ Dawn PrimaroloAs set out in Budget 2002 cutting the corporation tax starting rate and the small companies rate will benefit around 485,000 smaller companies. An average small company will save around £700 a year.